Pharma Blister Packaging Market Projected to Reach USD 43.6 Billion By 2033
Global Pharma Blister Packaging Market size was valued at USD 24.3 Billion in 2024 and is expected to reach USD 43.6 Billion by 2033, at a CAGR of 6.4% during the forecast period 2024–2033.
Pharma Blister Packaging Market: Overview
Pharma blister packing is a form of packaging used in the pharmaceutical business to store and protect individual dosages of drugs, tablets, or capsules. It is often composed of a hollow or pocket formed of a formable material, such as plastic (e.g., PVC, PET, PP), aluminium, or a mixture of both, known as a blister.
The growing use of innovative and sustainable materials and technology in pharmaceutical blister packaging is a significant global trend. Pharmaceutical businesses are prioritizing eco-friendly packaging options to suit customer demand for environmentally aware products while adhering to severe regulatory standards.
This trend is encouraging the development and usage of recyclable, biodegradable, and compostable materials for blister packs, therefore lowering their environmental impact and boosting circular packaging systems.
Furthermore, smart packaging technologies like as RFID tags, NFC sensors, and QR codes are becoming increasingly popular for improving product traceability, authenticity verification, and patient involvement.
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Moreover, advances in packaging design and technology are increasing productivity, affordability, and product protection in blister packaging. In summary, the global trend in pharmaceutical blister packaging demonstrates a transition to sustainability innovation, and technology integration to meet the evolving needs of the pharmaceutical industry and consumers.
By material, polyethylene terephthalate segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024–2033. Polyethylene terephthalate (PET) packaging is becoming more popular because of its recyclability, lightweight design, and adaptability, particularly in the beverage, food, and personal care sectors.
By technology, the coldforming segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024–2033. Cold forming is seeing a growth in the usage of sophisticated materials like aluminium and biodegradable polymers to make sustainable and lightweight packaging for pharmaceuticals and consumer goods.
By application, the tablet segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024–2033. The use of sustainable materials and eco-friendly designs in tablet packaging is an emerging trend that aims to decrease environmental effects while meeting customer desire for more environmentally aware packaging options.
In North America, there is an increasing trend towards sustainable packaging solutions, which is being driven by consumer demand for eco-friendly products and legislative actions supporting environmental responsibility.
CMI has comprehensively analyzed the Global Pharma Blister Packaging market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Pharma Blister Packaging industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Pharma Blister Packaging Market:
- Amcor plc
- Bemis Company Inc.
- Berry Global Group Inc.
- WestRock Company
- Constantia Flexibles Group GmbH
- Gerresheimer AG
- Klöckner Pentaplast Group
- Sonoco Products Company
- Uflex Ltd.
- Tekni-Plex Inc.
- Winpak Ltd.
- Bilcare Limited
- Sealed Air Corporation
- Mitsubishi Chemical Holdings Corporation
- Schott AG
- Huhtamäki Oyj
- Intrapac International Corporation
- Wipak Group
- Drug Plastics & Glass Co. Inc.
- Mondi Group
- Others
Table of Contents: https://www.custommarketinsights.com/report/pharma-blister-packaging-market/#table-of-contents
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